Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Given Average Rating of “Hold” by Analysts

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $59.25.

KLIC has been the topic of several recent research reports. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Needham & Company LLC upped their price target on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, Zacks Research lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th.

Kulicke and Soffa Industries Trading Down 0.0%

Shares of KLIC opened at $93.84 on Thursday. The business’s 50 day moving average is $109.04 and its 200 day moving average is $86.98. Kulicke and Soffa Industries has a 12-month low of $31.32 and a 12-month high of $135.80. The company has a market capitalization of $4.91 billion, a PE ratio of 90.23 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm had revenue of $330.41 million during the quarter, compared to analyst estimates of $308.50 million. During the same quarter in the prior year, the business earned $0.07 earnings per share. Kulicke and Soffa Industries’s revenue for the quarter was up 122.6% on a year-over-year basis. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Equities research analysts predict that Kulicke and Soffa Industries will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were issued a $0.205 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.9%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 78.85%.

Insider Buying and Selling

In other Kulicke and Soffa Industries news, Director Peter T. M. Kong sold 1,551 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total transaction of $170,610.00. Following the sale, the director directly owned 100,009 shares in the company, valued at $11,000,990. This represents a 1.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Lester A. Wong sold 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total value of $7,302,600.00. Following the completion of the sale, the chief executive officer directly owned 50,743 shares of the company’s stock, valued at $6,175,930.53. The trade was a 54.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 98,051 shares of company stock valued at $11,333,480 in the last quarter. 1.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Several large investors have recently modified their holdings of the stock. Summit Securities Group LLC bought a new stake in Kulicke and Soffa Industries in the first quarter worth $26,000. Advisory Services Network LLC bought a new position in Kulicke and Soffa Industries during the third quarter valued at $29,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries in the fourth quarter valued at $30,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 933 shares during the last quarter. Finally, Salomon & Ludwin LLC lifted its holdings in shares of Kulicke and Soffa Industries by 48.4% in the 4th quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 254 shares during the last quarter. Institutional investors own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.